Caesars Entertainment
220 hedge funds and large institutions have $1.16B invested in Caesars Entertainment in 2020 Q1 according to their latest regulatory filings, with 57 funds opening new positions, 82 increasing their positions, 65 reducing their positions, and 78 closing their positions.
67% more call options, than puts
Call options by funds: $137M | Put options by funds: $82M
26% more repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 65
0.29% less ownership
Funds ownership: 12.1% → 11.8% (-0.29%)
10% less funds holding
Funds holding: 245 → 220 (-25)
27% less first-time investments, than exits
New positions opened: 57 | Existing positions closed: 78
61% less funds holding in top 10
Funds holding in top 10: 23 → 9 (-14)
76% less capital invested
Capital invested by funds: $4.91B → $1.16B (-$3.75B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$63.9M |
| 2 |
SDJVC
St. Denis J. Villere & Co
New Orleans,
Louisiana
|
+$50M |
| 3 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
+$46.8M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$30.9M |
| 5 |
Cohen & Steers
New York
|
+$30.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$102M |
| 2 |
LCM
Lafitte Capital Management
Austin,
Texas
|
-$58.1M |
| 3 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$48.5M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$43M |
| 5 |
HCM
Highline Capital Management
New York
|
-$40.4M |
CZR Hedge Fund Activity: Q1 2020 in Review
220 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Caesars Entertainment (CZR) for Q1 2020, worth a combined $1.16B — down 76% from $4.91B a quarter earlier.
Sellers outnumbered buyers: 78 funds closed out of CZR and 57 opened new positions — a net loss of 21 holders — while 65 trimmed existing stakes and 82 added.
The largest buyer was Invesco, adding an estimated $63.9M. The largest seller was BlackRock, cutting an estimated $102M.
- 220 institutional investors held Caesars Entertainment (CZR) as of Q1 2020, down from 245 in Q4 2019.
- Funds reported $1.16B of Caesars Entertainment stock for Q1 2020, down 76% quarter-over-quarter.
- 57 funds opened new Caesars Entertainment positions in Q1 2020 and 78 closed out, a net change of -21 holders.
- The largest Caesars Entertainment buyer in Q1 2020 was Invesco, an estimated $63.9M added.
- The largest Caesars Entertainment seller in Q1 2020 was BlackRock, an estimated $102M sold.
Based on aggregated 13F filings for Q1 2020.